Bank Accounting under IFRS
Two-day ONLINE workshop
Next workshop: 31 May - 1 June 2021 | Online Live
Price: 480 Euro net
Contact us about organising this course in-house!
Accounting principles related to financial instruments as set out by International Financial Reporting Standards (IFRS) are often listed among the most difficult chapters of the IFRS accounting regulations. This is mainly due to IFRS 9 Financial Instruments, which became mandatory in 2018 and reformed the way in which banks account for their assets and liabilities. Not only did IFRS 9 change the principles of presentation of bank assets in the balance sheet, but it also implemented a new model for estimating credit allowances related to loans, which are now calculated based on a complex expected-losses model.
Undoubtedly, understanding how banks account for their operations and report them in the financial statements is a crucial skill – not only for employees of accounting and financial reporting departments of a bank. This course will also be of interest to other bank staff members, including employees of Internal Audit, Risk Management, Treasury and ALM, as well as the business departments.
Our two-day course is suited to all those who are interested in how financial instruments are accounted for under IFRS, both for those with an accounting background and those with little experience and education in this field.